ITRI ITRON, INC.

NEUTRAL Impact: 2/10 Insider Cluster (8 insiders)
Horizon days Filed May 28, 2026 Processed 8d 7h ago
Insider cluster: 8 insiders, $0.2M total
Latest settled — T+5d
ITRI ▼ -1.76% at T+5d
NEUTRAL call ✗ call lost -1.76% · α vs SPY -1.71% · entry $83.59 → $82.12
Next anchor: T+20d in 20d
Currently $80.07 · -4.21% from $83.59 entry
Entry anchored
May 28, 02:38 PM ET
via Databento tick
T+1d
-1.33%
call -1.33% · α -1.57%
$82.48
settled 8d ago
T+5d
-1.76%
call -1.76% · α -1.71%
$82.12
settled yesterday
T+20d
call — · α —
in 20d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Eight Itron insiders, including the CEO and CFO, sold a total of $218K in open-market sales over a two-day window (May 26-27, 2026). The cluster is broad-based across C-suite and senior VPs, but the dollar value is only ~0.006% of the $3.8B market cap — trivial in scale. Per academic literature, cluster sales are not reliably informative (often driven by shared vesting or blackout-window openings), and this amount is too small to signal material concern.

Key Financial Metrics

Direction
selling
Total Value
$218.0K
Insiders
8

Actionable Insight

The cluster is too small in dollar terms to warrant a bearish read. Monitor for any upcoming earnings pre-announcement or material 8-K that could have motivated the timing, but treat this as routine portfolio diversification. The historical calibration shows ITRI neutral calls have underperformed, but the signal here is too weak to override the default neutral stance.

Key Facts

  • 8 insiders sold a total of $218K in open-market sales on May 26-27, 2026
  • CEO Thomas Deitrich sold $73K (862 shares); CFO Joan Hooper sold $37K (442 shares)
  • Total sales represent ~0.006% of ITRI's $3.8B market cap — well below the 0.1% materiality threshold
  • All sales were open-market (code S); no 10b5-1 plan designation noted in the filing
  • Historical model performance on ITRI shows a 30% win rate at T+20 with avg alpha of -6.69%, suggesting prior neutral calls have been directionally wrong — but this cluster is too small to change the read

Financial Impact

$218K total insider sales, negligible relative to $3.8B market cap

insider ownership

Risk Factors

  • If a material negative event (e.g., earnings miss, guidance cut) follows within 30 days, the cluster could be viewed as informed selling in hindsight
  • CEO and CFO both selling on the same day is optically notable, but the dollar amounts are de minimis

Market Snapshot

Exchange
Nasdaq
Sector
Instruments For Meas & Testing of Electricity & Elec Signals
Analyst Consensus
81% bullish (21 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ITRI-1779993540139
18 reports for ITRI
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +20.26%Feb 24, 2026
Filters
Rows
Reports for ITRI — sortable, filterable
Type Now
Jun 4, 2026
1d ago
Insider Cluster
NEUTRAL ★ 2/10
$81.05 $80.07▼ −1.21%▲ +1.36%$80.07 (−1.21%)
Jun 2, 2026
3d ago
Press Release
NEUTRAL ★ 3/10
$83.94 $82.12▼ −2.17%▼ −1.47%$80.07 (−4.61%)
May 28, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
$83.59 $82.48▼ −1.33%▼ −1.57%$80.07 (−4.21%)
May 27, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 26, 2026
10d ago
144
NEUTRAL ★ 2/10
$84.44 $85.30▲ +1.02%▲ +1.01%$80.07 (−5.18%)
May 26, 2026
10d ago
Press Release
NEUTRAL ★ 3/10
$84.44 $85.30▲ +1.02%▲ +1.01%$80.07 (−5.18%)
May 22, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$83.02 $84.44▲ +1.71%▲ +1.12%$80.07 (−3.55%)
May 21, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
$81.85 $83.02▲ +1.43%▲ +0.98%$80.07 (−2.17%)
Apr 28, 2026
5w ago
Press Release
MIXED ★ 6/10
$87.00 $82.69▼ −4.95%▼ −4.94%$80.07 (−7.97%)
Apr 24, 2026
6w ago
8-K
NEUTRAL ★ 5/10
$88.55 $86.92▼ −1.84%▼ −2.00%$80.07 (−9.58%)
Showing 10 of 18

US Market Status

Market Closed — Opens Mon (34h 57m)

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